Mobile industry association the GSMA has warned that high spectrum licence fees are choking economic growth in developing countries.

Liquid Telecom has appointed Ahmad Mokhles as group chief operating officer, a new position within the pan-African telecommunications group.

Cryptocurrencies extended their rebound on Wednesday as bitcoin traded above $7 500 for the first time in a month, shrugging off security and regulatory concerns that have plagued the digital currency.

Entrepreneur Thabo Molefe – better known as Tbo Touch – will launch a video-on-demand streaming platform later this year called THD. The platform will showcase original South African – and African

Netflix stunned Wall Street by attracting fewer subscribers than expected last quarter, renewing concerns that the video-streaming service has become an investment bubble. The shares plunged as much as 15%.

MTN Group has sold 100% of its subsidiary in Cyprus for R4.1-billion. The Johannesburg-listed emerging-markets telecommunications group said on Monday before markets opened that it had sold the business